Danos picks Port of Iberia for new manufacturing facility

Published: Tuesday, February 25, 2014 at 9:38 p.m.

Last Modified: Tuesday, February 25, 2014 at 9:38 p.m.

Larose-based oilfield company Danos announced Tuesday night plans to build its new $23 million manufacturing facility at the Port of Iberia.

The port's board of commissioners approved 40 acres of land at the south Louisiana facility. The new plant is part of $40 million expansion plan announced in May.

Danos is also building a new headquarters in Gray ­at the intersection of U.S. 90 and La. 24. Together, the headquarters and manufacturing facilities will represent a capital investment of $40 million, with 426 new direct jobs created over the next five years, according to a Danos news release.

The jobs at the Iberia facility will have an average salary of $65,000 per year, the company said.

“Danos is thrilled to be in position to commence construction of a world-class manufacturing complex in Louisiana,” said Eric Danos, the company's executive vice president. “We looked across the Gulf Coast and found a site close to home in New Iberia with the right infrastructure and a talented workforce. This new Danos facility will allow us to continue to build on a long legacy of partnering with major oil and gas operators to solve complex energy challenges.”

Danos will lease space on a waterfront tract of the port's new 108-acre Millennium Expansion project.

Construction of the Danos facility will begin in approximately six months. The company said it will start hiring in the third quarter of 2015.

<p>Larose-based oilfield company Danos announced Tuesday night plans to build its new $23 million manufacturing facility at the Port of Iberia.</p><p>The port's board of commissioners approved 40 acres of land at the south Louisiana facility. The new plant is part of $40 million expansion plan announced in May. </p><p>Danos is also building a new headquarters in Gray ­at the intersection of U.S. 90 and La. 24. Together, the headquarters and manufacturing facilities will represent a capital investment of $40 million, with 426 new direct jobs created over the next five years, according to a Danos news release.</p><p>The jobs at the Iberia facility will have an average salary of $65,000 per year, the company said.</p><p>“Danos is thrilled to be in position to commence construction of a world-class manufacturing complex in Louisiana,” said Eric Danos, the company's executive vice president. “We looked across the Gulf Coast and found a site close to home in New Iberia with the right infrastructure and a talented workforce. This new Danos facility will allow us to continue to build on a long legacy of partnering with major oil and gas operators to solve complex energy challenges.” </p><p>Danos will lease space on a waterfront tract of the port's new 108-acre Millennium Expansion project. </p><p>Construction of the Danos facility will begin in approximately six months. The company said it will start hiring in the third quarter of 2015.</p>